Rebirth: The Financial Giant

"In other words, the rumored news that Tiansheng Capital issued convertible bonds, is it true?"

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"Amazing source!"

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"I don't know, Tiansheng Capital did not respond to market news, but it is definitely not groundless."

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"The current record is the national average of 7 billion convertible bonds. Tiansheng convertible bonds is going to issue 30 billion yuan?"

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"Don't let Tiansheng Capital jump out and say it's a rumor."

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"How about convertible bonds?"

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"It's not much different from a stock transaction, and it's a t+0 transaction. You can sell it on the day you buy it, and there's no stamp duty!"

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"Tiansheng Capital is not short of money, why should I borrow money? I don't understand it!"

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"If you understand it, you won't comment here."

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"Isn't there a conflict between lack of money and borrowing money?"

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"Okay, if Tiansheng Capital really wants to issue convertible bonds, then don't split stocks in the future. If you can't afford the underlying shares, you can buy convertible bonds. You can either speculate in convertible bonds or trade at t+0. At that time, you can choose debt-to-equity swaps, that is, debt-to-equity swaps have to wait for half a year after the issuance and after the equity swaps, you can’t tamper with them.”

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……

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The news of Tiansheng Capital's plan to issue convertible bonds has aroused market expectations. Of course, the so-called source was released by Lu Ming at the behest of Lu Ming. Let's see the market's reaction. At the same time, the convertible bond issuance plan is also steadily advancing.

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The feedback from the market is also good, and most of them expect Tiansheng Capital to issue convertible bonds.

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Not surprisingly, Tiansheng Convertible Bonds will be issued and listed within the first quarter of next year.

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……

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The time entered November, and the contract for paid transfer began to advance.

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On Friday, November 17, many LP institutions such as Ningzhou Social Security Fund Administration, Wanxiang Group, Chaoyun Trust came to the headquarters of Tiansheng Capital.

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In the high-level conference room, there was even a very lively scene at the moment. Wang Yue, Lin Qiang and other institutional leaders came to the scene in person. After all, this is a transfer transaction process involving hundreds of billions of dollars.

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On Tiansheng Capital's side, Yao Yun led a group of legal elites from the company to draw up a paid transfer agreement with people from LP agencies.

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Chaoyun Trust received Fenjiu for 58 yuan and Laojiao for 67 yuan.

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The Ningzhou Social Security Fund paid 720 yuan for Maotai and 76 yuan for Wuliangye.

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Huaan Trust connected with Ningbo Bank for 19 yuan, Zhaoshang Bank for 30.5 yuan, and Jingdong Fanga for 6.22 yuan.

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Wanxiang Capital received 55 yuan from the magnesium group, 48 yuan from Gerry Electric, and 32 yuan from Yili.

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……

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It is like a large-scale pink cake scene. Many LP institutions divide up the constituent stocks of Tiansheng Shanghai 50 Index and Tiansheng Shenzhen 100 Index. The biggest undertaker is to transfer stock assets to enrich the social security fund, and it is also the largest LP institution of Tiansheng Capital.

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You must know that the social security organization of Tiansheng Capital's lp entrusted funds is not only the Ningzhou Social Security Fund, but also many social security funds in other places.

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The market value of the reduced holdings reached 750 billion yuan. After the paid transfer, Tiansheng Capital could not get the transfer funds from the LP institutions at the first time, because it was impossible to come up with so much cash.

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Instead, after the LP institutions got the transfer shares, they cashed out the remittance to Tiansheng Capital, which is equivalent to accounts receivable.

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If the actual cash out is 800 billion, the extra 50 billion is left by the LP institutions themselves, and the market value of the stock transferred by Tiansheng Capital is 750 billion.

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……

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On the other side, Lu Ming sat and chatted with Lin Qiang, Wang Yue, Shen Ju and others.

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"Brother Lu, with so much capital withdrawn from the stock market, how should we live? Is it the property market?" Wang Yue, the CEO of Wanxiang with Erlang's legs crossed, couldn't help but ask curiously.

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The bosses are chatting, and the people under them are doing things. The bosses are responsible for stamping and signing when the job is done.

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Lin Qiang spread his hands with a smile and said, "Aw... I said what you said, Pharaoh, you are asking clearly. Brother Lu made it clear three years ago. He is optimistic about the property market but does not participate in the property market."

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After a while, Lin Qiang preemptively added: "But Brother Lu has a heavy position in An's shares, haha!"

As soon as these words came out, they caused a knowing smile from the big bosses present.

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Lu Ming laughed and spread his hands: "It was Mr. An's decision to enter the property market for An's Group. I didn't interfere in the slightest. The only suggestion is to let An's Group, who want to raise pigs, give up raising pigs and build pigsties instead. Now it seems that we have indeed given up raising pigs and turned into pigsties."

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"Hahaha~~"

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"It turns out that the Anshi Group's pigsty business is your work, Brother Lu, haha!"

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"Lin always wakes up laughing when he dreams of the sale of Anshi's shares, I'm so jealous!"

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"To each other, it's as if your Wanxiang Group doesn't have Anshi Group's stock."

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A few big bosses were touting each other's business, and when it came to Anshi's shares, Da Qiangzi was still very happy.

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Anshi Group's performance has grown brightly. Anshi Group has been willing to spend money to buy back shares in the past two years. The company's total share capital has dropped to 13.7 billion shares. Now the stock price has soared to 122 yuan, with a total market value of 1.67 trillion.

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The average cost of the 888 million Anshi shares owned by Chaoyun Trust is the same as the average cost of the 967 million Anshi shares held by Tiansheng Capital. .

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At the beginning, Chaoyun Trust's 14.5 billion yuan has become the current market value of 108.3 billion yuan, and the net income of Anshi's shares alone has reached 93.8 billion yuan.

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The Anshi shares held by Wanxiang Group were bought by Pharaoh halfway through the Antiy War. The cost price was much higher, the cost price of 22, but it also had a yield of +454%. Wanxiang Group held the shares. Anshi's shares were not entrusted to Tiansheng Capital for management like Chaoyun Trust, but only agreed to act in concert.

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The highest cost is the Ningzhou Social Security Bureau. At the beginning, the paid transfer cost was more than 40 yuan, but now it has nearly doubled the investment reporting rate after the restoration of rights.

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After a while, Lu Ming said in a deep voice, "Funds just came out of the stock market to avoid stock market risks. If the property market does not enter, they can only enter the bond market. Only the bond market can accommodate such a huge amount of funds."

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Wang Yue couldn't help but nodded and said, "The last bear market in the bond market lasted for 16 months. At present, the bond market has been in a bear market for 13 months. Compared with the last cycle, the bond market is indeed going to be bullish."

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Although Lu Ming clearly told LPs that the funds withdrawn from the stock market should go into the bond market, they still would not invest by themselves, but would still entrust the funds to Tiansheng Capital.

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Because the bond market is not easy to do, the interest rate bonds are fine, but corporate credit bonds are in trouble. Many bond funds have acquired companies that step on the thunder, and they can’t pay the money and go to lawsuits. There are many ways to slowly collect debts.

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It's better to leave it to professionals to take care of it, just lie down and win.

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Everyone estimates that Lu Ming's withdrawal of funds from the stock market into the bond market should be based on hedging and anti-inflation~www.novelmt.com~ Although the volatility of the bond market is far less than that of the stock market, the bond market is bullish, and it also outperforms inflation during this period. Totally doable.

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Lin Qiang looked at Lu Ming and asked, "Brother, will this news be announced to the public on weekends and weekends after tomorrow?"

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Lu Ming shook his head and said, "No, it will be announced at about 8 o'clock in the morning next Monday. I will arrange a press conference to disclose the transfer."

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In this regard, the people expressed no opinion.

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Half an hour later, Lu Ming's small talk with several bigwigs was over, the agreement had been checked, and the persons in charge on both sides began to sign the transfer agreement.

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So far, 37.5% of the total market value of A-shares held by Tiansheng Capital has been transferred to its LP institutions for a fee.

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In addition, Tiansheng Capital will also engage in two major negatives to suppress the stock price when it hits the market. One is to announce the reduction of 2.5% of the stock assets held in the A-share market. As a result, it will withdraw from the stock market. 40% of the market value of the holdings; the second is to lend Tiansheng Capital's stock and securities lending funds to short the market.

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Two days later, on the morning of Monday, November 20, Tiansheng Capital held a temporary press conference, officially announcing that the company had passed the resolution of the board of directors to transfer the market value of 750 billion in the A-share market.

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Good guy, everyone was caught off guard when this news was released in the morning. Big A was like a 750 billion depth bomb that was detonated, causing huge waves before the morning.

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